Visagar Polytex Ltd to allot 61550134 shares as bonus shares

The Board of Directors of Visagar Polytex Ltd at its meeting held on April 05, 2016 has decided to allot 61,550,134 Equity Shares of Re. 1/- each as Bonus Shares to the shareholders whose names appear in the Register of Members as on April 02, 2016 (Record Date) in the ratio of 1:3, i.e. 1 (One) Equity Share of a face value of Re. 1/- each for every existing 3 (three) Equity Shares of Re. 1/- each fully paid by way of capitalization of Free Reserves & Securities Premium Account.

Shares of VISAGAR POLYTEX LTD. was last trading in BSE at Rs.12.23 as compared to the previous close of Rs. 11.65. The total number of shares traded during the day was 134518 in over 152 trades.

The stock hit an intraday high of Rs. 12.23 and intraday low of 11.07. The net turnover during the day was Rs. 1629649.

Source : Equity Bulls

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